The Strategic Maneuvering System for the Enterprises in Retail Trade to Create a New Market Space and Provide Its Economic Security

The article is aimed at forming a system of strategic maneuvering for the enterprises in retail trade to create a new market space and provide its economic security in the future. Despite the wide range of positions presented in the scientific literature, the main issue on the formation of a compreh...

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Main Authors: Chorna Maryna V., Buhrimenko Roman M., Zonwire Austin
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2020-01-01
Series:Bìznes Inform
Subjects:
Online Access:https://www.business-inform.net/export_pdf/business-inform-2020-1_0-pages-337_344.pdf
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author Chorna Maryna V.
Buhrimenko Roman M.
Zonwire Austin
author_facet Chorna Maryna V.
Buhrimenko Roman M.
Zonwire Austin
author_sort Chorna Maryna V.
collection DOAJ
description The article is aimed at forming a system of strategic maneuvering for the enterprises in retail trade to create a new market space and provide its economic security in the future. Despite the wide range of positions presented in the scientific literature, the main issue on the formation of a comprehensive strategic instrumentarium and a clear methodical approach to its implementation in the activities of retail enterprises remains unresolved. The publication substantiates the feasibility of applying a dual approach to the formation of a strategy to build a non-competitive market space based the on strategies of focus and differentiation. Based on the range of «market lever» values, which reflects the enterprise’s need for market transformation, five main typegroups of strategic positioning of enterprise and the corresponding recommended strategies have been created. Given this positioning, a clear sequence of choosing strategic alternatives is proposed depending on the density of the market environment, and specific strategic actions have been developed for each group. Taking into account the uniqueness and priority of the free market space for competitive enterprises, a system has been developed to assess barriers to entry into the newly created market and provide economic security of the initiating enterprise based on market power indicators.
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spelling doaj.art-eae27243362b4ccdb5f07dcd81609e7d2022-12-21T18:57:36ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2020-01-01150433734410.32983/2222-4459-2020-1-337-344The Strategic Maneuvering System for the Enterprises in Retail Trade to Create a New Market Space and Provide Its Economic SecurityChorna Maryna V.0https://orcid.org/0000-0001-5387-7832Buhrimenko Roman M. 1https://orcid.org/0000-0002-0973-0814Zonwire Austin 2https://orcid.org/0000-0002-2189-3894Kharkiv State University of Food Technology and TradeKharkiv State University of Food Technology and TradeKharkiv State University of Food Technology and TradeThe article is aimed at forming a system of strategic maneuvering for the enterprises in retail trade to create a new market space and provide its economic security in the future. Despite the wide range of positions presented in the scientific literature, the main issue on the formation of a comprehensive strategic instrumentarium and a clear methodical approach to its implementation in the activities of retail enterprises remains unresolved. The publication substantiates the feasibility of applying a dual approach to the formation of a strategy to build a non-competitive market space based the on strategies of focus and differentiation. Based on the range of «market lever» values, which reflects the enterprise’s need for market transformation, five main typegroups of strategic positioning of enterprise and the corresponding recommended strategies have been created. Given this positioning, a clear sequence of choosing strategic alternatives is proposed depending on the density of the market environment, and specific strategic actions have been developed for each group. Taking into account the uniqueness and priority of the free market space for competitive enterprises, a system has been developed to assess barriers to entry into the newly created market and provide economic security of the initiating enterprise based on market power indicators.https://www.business-inform.net/export_pdf/business-inform-2020-1_0-pages-337_344.pdfconsumer marketcompetitionblue ocean strategystrategic transformationstrategic alternativeeconomic security
spellingShingle Chorna Maryna V.
Buhrimenko Roman M.
Zonwire Austin
The Strategic Maneuvering System for the Enterprises in Retail Trade to Create a New Market Space and Provide Its Economic Security
Bìznes Inform
consumer market
competition
blue ocean strategy
strategic transformation
strategic alternative
economic security
title The Strategic Maneuvering System for the Enterprises in Retail Trade to Create a New Market Space and Provide Its Economic Security
title_full The Strategic Maneuvering System for the Enterprises in Retail Trade to Create a New Market Space and Provide Its Economic Security
title_fullStr The Strategic Maneuvering System for the Enterprises in Retail Trade to Create a New Market Space and Provide Its Economic Security
title_full_unstemmed The Strategic Maneuvering System for the Enterprises in Retail Trade to Create a New Market Space and Provide Its Economic Security
title_short The Strategic Maneuvering System for the Enterprises in Retail Trade to Create a New Market Space and Provide Its Economic Security
title_sort strategic maneuvering system for the enterprises in retail trade to create a new market space and provide its economic security
topic consumer market
competition
blue ocean strategy
strategic transformation
strategic alternative
economic security
url https://www.business-inform.net/export_pdf/business-inform-2020-1_0-pages-337_344.pdf
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